Risk & Compliance Manager

Experienced Senior Risk & Compliance professional required to lead our Nevis Operation's risk, compliance and AML function.

Risk & Compliance Manager

July 2023

Trident Trust is a leading independent provider of corporate, trust and fund services to the financial services sector worldwide, employing roughly 900 staff across a global footprint that spans Africa, the Americas, Asia, the Caribbean, Europe and the Middle East. An exciting opportunity has arisen, and we are seeking a talented and professional Risk & Compliance Manager in our Nevis operations.

Trident Trust operates in Nevis via two wholly owned sub-brands, Morning Star Holdings Limited and Meridian Trust Company Limited, both of which are independently licensed and regulated by the Nevis Financial Services (Regulation and Supervision) Department. Morning Star Holdings Limited is the oldest and largest company formation agent in Nevis. In addition, Trident Trust has also recently  established an affiliated Legal Services company Trident  Chambers ( Nevis ) Limited.  Client-focused and service orientated, we only employ individuals who are professionally minded, committed and able to demonstrate good interpersonal skills.

 The Role

The successful candidate will report to the General Manager of the Nevis operation and to the Board of Directors and will be responsible for taking ownership of the Nevis Risk, Compliance & AML function. The position of Risk & Compliance Manager is integral to preserving the integrity and reputation of the Trident Group. This position will require the successful candidate to apply for the appropriate license with the Nevis Financial Services (Regulation & Supervision) Department.

Key Responsibilities

• Draft and maintain appropriate risk and compliance policies, procedures, systems and controls to ensure the Nevis operations comply with applicable laws, rules and regulations
• Keep abreast of changes to applicable laws and / or regulations, assess the impact thereof and make any necessary amendments to the Nevis operation’s policies, procedures, systems or controls
• Ensure day to day operation in accordance with applicable laws, regulations and internal policies and procedures
• Periodically test the systems and controls to ensure they remain effective in complying with the relevant laws, rules and /or regulations
• Be the primary decision maker in assessing any adverse World-Check findings and take any appropriate action needed to clear / report such findings
• Monitor internal STR’s/SAR’s received from the Nevis operation’s employees and provide guidance to the MLRO as appropriate.
• Act as primary liaison between the regulatory authorities and the Nevis office in so far as it relates to risk, compliance and AML matters and to respond to enquiries
• Build a sound relationship with the relevant regulatory authorities to ensure the Nevis office’s relationship is built on transparency and cooperation
• Oversee the preparation and submission of any compliance and or AML reports to the relevant regulatory authority in a timely manner
• Ensure senior management and the board are kept fully aware of any developments affecting the Nevis operation
• Ensure appropriate risk & compliance reports are provided to the board in a timely manner
• Manage the Compliance Department
• Take the lead in preparing Nevis office employees for any upcoming regulatory reviews or inspections;
• Oversee the establishment and maintenance of a compliance-training programme for all staff, which includes topics such as, but not limited to, risk management, client acceptance procedures, know your customer procedures, AML and internal suspicious activity reports.

The duties and responsibilities highlighted in this job description are indicative and may vary over time. Post holders are expected to undertake other duties and responsibilities relevant to the nature, level and scope of the post and the grade / band has been allocated on this basis.

Qualifications and Skills

• Bachelor’s degree in accounting, law, ( LLB, JD) or equivalent
• Certified Anti-Money Laundering Specialist (ACAMS) advantageous
• 3-5 years of relevant experience with a Registered Agent / Corporate Service provider or equivalent
• Strong documentation and requirements gathering ability
• High degree of professional ethics and integrity
• Excellent written and oral communication skills
• Ability to plan, organise and prioritise tasks and manage time effectively
• Ability to perform under pressure and to deliver on tight deadlines
• Ability to keep accurate and comprehensive records
• Competence in using Microsoft Office products. Competence in other products such as Viewpoint would be advantageous
• Effective project implementation skills
• Coaching and mentorship skills
• Experience in leading a team of compliance professionals
• The ability to communicate in the Spanish language would be an asset

Compensation

Competitive compensation will be offered, based on the successful candidate’s relevant experience and overall suitability for the position.

How to Apply

Applications should include a comprehensive C.V. which shall be treated in the strictest of confidence. Please clearly outline the skills and attributes you would bring to the role, your availability and salary expectations. Applications should be submitted no later than Tuesday 8th August  2023.